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Saudi Arabia's Civil Defense Authority stated that the danger in Jizan has passed.

2026-11-07

Saudi Arabia's Civil Defense Authority stated that the danger in Jizan has passed.

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2026-11-07

GPUs, used for graphics and increasingly for AI compute, reversed course after an 11-trading-day rally that was sparked by overseas shutdown rumours. Since Oct. 28, prices have fallen sharply: the RTX 5080 slid from nearly 20,000 yuan to about 16,000

GPUs, used for graphics and increasingly for AI compute, reversed course after an 11-trading-day rally that was sparked by overseas shutdown rumours. Since Oct. 28, prices have fallen sharply: the RTX 5080 slid from nearly 20,000 yuan to about 16,000 yuan, a roughly 20% drop. Vendors say distributors and retailers had pre-stocked inventory, amplifying price swings and producing significant intra-day volatility. Despite the correction, average retail prices for the RTX The 50 series remains about 1.7x MSRP, leaving earlier gains largely intact. Huaqiangbei price moves have drawn overseas buyers; visits and cross-border procurement for GPUs and memory have intensified, with one merchant saying foreign customers made up over 50% of October sales.
2026-11-07

The Federal Reserve accepted $150 mln from one counterparty in fixed-rate reverse repo operations.

The Federal Reserve accepted $150 mln from one counterparty in fixed-rate reverse repo operations.
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